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SPX Technologies, Inc. Director's Dealing 2011

Mar 3, 2011

30660_dirs_2011-03-02_2285e265-1545-42fc-9184-0314b2d5861e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2011-02-28

Reporting Person: OLEARY PATRICK J (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-28 Common Stock M 3189 $69.43 Acquired 191429 Direct
2011-02-28 Common Stock S 3189 $80 Disposed 188240 Direct
2011-03-01 Common Stock A 31500 Acquired 219740 Direct
2011-03-01 Common Stock F 4458 $79.76 Disposed 215282 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-28 Employee stock option to purchase common stock $69.43 M 3189 Disposed 2012-01-01 Common Stock (3189) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4782 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $38.57 2013-01-02 Common Stock (70000) 70000 Direct

Footnotes

F1: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F2: Option vested as to 23,334 shares on each of January 2, 2003 and 2005, and 23,332 shares on January 2, 2004.

F3: Option vested as to 23,334 shares on January 3, 2004 and 23,333 shares on January 3, 2005, and 23,333 shares on January 3, 2006.

F4: Effected purusant to a Rule 10b5-1(c) sales plan relating to options expiring January 1, 2012.

F5: Grant of restricted stock pursuant to the SPX Corporation 2002 Compensation Plan.

F6: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock previously granted under the SPX Corporation 2002 Compensation Plan.